"...70 percent of fossil fuel reserves are owned by foreign
governments..."One of the big myths is the belief that energy
"free markets" are efficient and will drive solutions for our energy
future. If oil and coal were truly bad, the "free market" would change
all that and move to better fuels. The problem is that energy is
NOT a free market, which this article rightly points out. The fact that
governments, such as Saudi Arabia and Iraq, largely control oil along with a few
massive corporations (such as Exxon) makes it very difficult for "new
competition" to challenge entrenched oil. Our electric and natural gas
utility companies are monopolies, so we consumers have no choice but to buy the
polluting energy they supply. Consequently, the ONLY mechanism we
as a society have to change that equation is government policy -- but alas,
people distrust government intervention, so we're stuck with the status
quo.McKibben's campaign may be imperfect, but it is one of the
few ways to disrupt the status quo. Wind, solar, and geothermal
are not only clean, but PRICE STABLE. Perhaps if people truly wanted clean,
price stable energy, we'd allow government to step in.
Excellent comment, Baron. Thanks.
Fracking and the resulting abundance of natural gas has done more to reduce the
World carbon footprint than everything else combined.
What wonderful timing for this op-ed being published only hours after McKibben
spoke at the U last night! Wow. Why do my antennae go up when this sort of thing
happens? The piece is written by Capital Allies Six Degrees Project. Remarkably
little is on the web about this firm and the author (other than his bio). What
is there is that its mailing address is Washington, DC and as such we can
reasonably conclude that he is a paid lobbyist for a "non partisan non
profit" supported by contributions. I only wish the article had been
published yesterday so that the concerns he raises could have been discussed
during the question and answer period that followed the lecture.
Baron: "McKibben's campaign may be imperfect, but it is one of the few
ways to disrupt the status quo."Mao's "great leap
forward" disrupted the status quo in China and tens of millions of Chinese
died. Taking away relatively cheap energy will have a similar result.
Just because our modern way of living, moving around, and gathering and using
energy is relentlessly and possibly irreversably degrading our bioshpere's
ability to support humanity and all the other life on our planet, that's no
reason for some old hippie to come tell us not to live the way we feel like. Or